ALL four hotels put up for sale by Stephanie Booth made operating profits in the last financial year, it has been revealed.
Estate agents Colliers International announced earlier this week it has been instructed by administrators KPMG to market Bodidris Hall in Llandegla and The Wild Pheasant, Bryn Howel and The Chainbridge in Llangollen.
Information on all four properties has now been published on Colliers’ website for the benefit of prospective buyers, including the basic operating details for the 2010-11 financial year made available by the administrators.
The released information reveals two of the freehold hotels recorded net sales of more than £1 million and all made trading profits, before finance and depreciation.
The Wild Pheasant was the biggest earner, recording net sales of £1.417 million with a net trading profit of £308,890.
It is described as: ‘a lovely country house hotel for sale with luxury bedroom and spa wing.’
Additionally it has ‘stunning rural location with beautiful surrounding views.’
Bryn Howel achieved net sales of £1.001 million, registering a trading profit of £205,267.
Colliers describe it as: ‘A lovingly restored 19th Century country house hotel.’
Bodidris Hall had net sales of £468,862 in 2010-11, making a trading profit of £67,221.
It is described by the estate agents as: ‘a stunning 15th Century stately home hotel.’
The quartet was completed by The Chainbridge, which had net sales of £623,386 and an adjusted trading profit of £74,452.
It is described by Colliers simply as: ‘A rriverside hotel with 36 en suite letting bedrooms.’
No valuations have been released for the four hotels, with offers invited for either individual hotels or the group as a whole.
Speaking last week Neil Thomson, director of Colliers International’s Manchester office, said: “This is a great opportunity for a hotelier or investor to acquire these hotels of supreme character which are trading well and being offered as a group or individually.
“The hotels are very successful and profitable and we are seeking buyers to hopefully come in and take over.
“I can confirm there has been interest expressed in the hotels so far.”
Each of the four hotels is currently being run by Convivial Management.
Llangollen Hotels Ltd and its parent company, Global Investment Group, entered administration earlier this month following the shock closure of The Wynnstay Arms in Wrexham.
Two other hotels, The Chester Bridge Hotel, Chester, and The Anchor Hotel, Ruthin, are leased and are now being operated by their landlords.
The Wrexham and Mold branches of The Fantastic Fun House soft play centres closed earlier this month, but the Oswestry branch stayed open along with its adjoining McLarens wine bar.